The sudden toppling of President Bashar al-Assad’s regime in Syria has sent shockwaves throughout global geopolitics and markets, with analysts warning of far-reaching consequences for the Middle East, Western nations, and rival powers.
Rebel forces led by Hayat Tahrir al-Sham have seized key cities across the country, including the capital Damascus, prompting Assad to flee and seek asylum in Russia. The dramatic turn of events has raised concerns about a power vacuum in Syria and potential instability in the region.
Western nations are cautiously welcoming the regime change, wary of the risks of further bloodshed and the potential for a chaotic transition of leadership. Analysts predict that Iran and Russia will be significant losers from Assad’s ousting, while the US, Turkey, and Israel are seen as major beneficiaries.
“The rapid collapse of the Assad regime in Damascus will have repercussions well beyond Syria,” said Wolfango Piccoli, co-president at risk consultancy Teneo. “Turkey stands to benefit only if the Assad regime is replaced by a functioning government able to face the daunting task of delivering stability to a diverse country with competing factions that will need billions of dollars in aid and investments to rebuild.”
Meanwhile, Russia’s long-term military presence in Syria is seen as uncertain, following assurances from rebel forces that they would guarantee the safety of Russian military bases and diplomatic institutions. The Kremlin’s interests in maintaining a stable government in Damascus are likely to remain a priority.
Iran’s situation has taken a turn for the worse, with its proxies weakened by Israel’s military campaign against Hezbollah in Lebanon and Hamas in the Gaza Strip. Analysts warn that Tehran’s influence is under threat, as internal forces may begin to emerge once more.
As the dust settles on Syria’s regime change, analysts are left to ponder the implications of this significant geopolitical shift, with far-reaching consequences for global stability and regional dynamics.
Source: https://www.cnbc.com/2024/12/09/who-are-the-winners-and-losers-from-syrias-crisis.html